13th May 2016 08:42
LONDON (Alliance News) - Mobeus Income & Growth VCT PLC on Friday said Keith Niven is to step down as its chairman and retire from the board with immediate effect on health grounds.
Clive Boothman, a current non-executive director, will take over from Niven as independent non-executive chairman.
Boothman is the former chairman of wrap platform Investment Funds Direct Ltd.
Shares in the fund were untraded on Friday, having last traded at 83.25 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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